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NEW TO MARKET!
Charming Sunnyside Gardens legal 2-Family on the best corner with endless potential!
This home is part of the Sunnyside Gardens Historic District and provides eligibility to be exclusive members of the Colonial Court Association - keyed access to a private fenced landscaped park with access for residents, children and pets is just one of the many perks! In addition, the property is within the zoning for the renowned Sunnyside Gardens Park membership also!
Opportunity awaits in the heart of Sunnyside Gardens. This legal two-family, semi-detached corner home at 41-52 47th Street sits on the prime intersection of 47th Street and 43rd Avenue, offering 1, 732 square feet of living space across two floors plus a full basement (the basement has 10'+ ceilings). It's the first time on the market!
Lot size: 2873
This property presents a rare chance to create your dream home in one of Queens' most sought-after historic districts. Whether you envision a spacious single-family residence or wish to maximize its income potential by maintaining the two-family layout, the possibilities are endless. This home is a blank canvas, so bring your vision, architect, and designer to transform it into your very own masterpiece!
The first floor has a corner kitchen with double exposure and gorgeous natural light. The spacious living room has XL windows that face the beautiful trees that line 47th Street. 3 separate bedrooms provide plenty of privacy and space with large picturesque windows. Access to the basement with 10' ceilings allows for a duplexed home or to create a completely separate living area/home office/ gym/ theater with its own entrance from the outside!
The second floor is completely separate with its own meter, and provides a sunny kitchen (also with double exposure). An extra large living/dining room with a wood-burning fireplace (and beautiful European marble mantle!) and windows on both sides show off the amazing space!
The primary bedroom is fit for King-sized furniture and has beautiful street views. The second bedroom has bay windows and can be reimagined into a great bedroom or home office space!
Sunnyside Gardens is known for its picturesque tree-lined streets, vibrant community, and proximity to parks, restaurants, and transit. Just minutes from Midtown Manhattan, this location offers the perfect blend of urban convenience and historic charm.
Don't miss this rare opportunity to invest in a home with incredible potential. Contact us today to schedule a private viewing!" Some photos have been virtually staged
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NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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---|---|---|---|
Loan Amount | $1,348,000 | $1,348,000 | $1,348,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.183% |
Monthly Tax Payment | $754 | $754 | $754 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,654 | $8,631 | $11,375 |
Total Monthly Payment | $8,533 | $9,510 | $12,254 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.